v3.26.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 3,073 $ 3,035
Interest-earning deposits 69,164 61,245
Cash and Cash Equivalents 72,237 64,280
Securities available for sale, at fair value 53,567 56,138
Federal Home Loan Bank stock, at cost 666 673
Loans receivable, net of allowance for credit losses of $4,747 in 2026 and $4,884 in 2025 558,317 555,441
Premises and equipment, net 6,856 7,050
Accrued interest receivable 2,964 3,007
Bank-owned life insurance 32,015 31,525
Other assets 10,030 9,209
Total Assets 736,652 727,323
Liabilities    
Deposits: Interest bearing 481,764 477,174
Deposits: Non-interest bearing 96,476 96,103
Total Deposits 578,240 573,277
Advances from borrowers for taxes and insurance 3,159 3,046
Other liabilities and accrued interest payable 10,492 9,361
Total Liabilities 591,891 585,684
Commitments and Contingencies
Stockholders' Equity    
Preferred stock, $0.01 par value per share, 10,000,000 shares authorized at June 30, 2026 and December 31, 2025; no shares issued or outstanding at June 30, 2026 or December 31, 2025 0 0
Common stock, $0.01 par value per share, 40,000,000 shares authorized at June 30, 2026 and December 31, 2025; 7,863,818 shares issued and outstanding at June 30, 2026, including 84,829 unvested shares, and 7,836,100 shares issued and outstanding at December 31, 2025, including 80,094 unvested shares 79 78
Additional paid-in capital 65,841 65,577
Unearned shares held by ESOP (4,613) (4,711)
Retained earnings 91,169 88,398
Accumulated other comprehensive loss (7,715) (7,703)
Total Stockholders' Equity 144,761 141,639
Total Liabilities and Stockholders' Equity $ 736,652 $ 727,323